Parakrama is both a given name and a surname. Notable people with the name include:

Parakrama Pandyan I, Pandyan king Parakrama Pandyan II, Pandyan king Parakrama Kodituwakku, Sinhala poet Parakrama Niriella, Sri Lankan director Parakrama Pannipitiya, Sri Lankan army general Udayawansha Parakrama (born 1996), Sri Lankan cricketer Jatavarman Parakrama Pandyan, Indian royal